The typical asking rate per listing is in the $110's per square foot per year. The Upper West Side submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year. That's a 29% rise in rent.
Compared to the rest of the New York City market, the Upper West Side region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 30 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Upper West Side are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this region were built in 1923 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the residents of Upper West Side work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.